Hamster Kombat Surges By 60%, DWF Labs Withdraws 156M HMSTR

The post Hamster Kombat Surges By 60%, DWF Labs Withdraws 156M HMSTR appeared first on Coinpedia Fintech News

Today’s top market gainer is Hamster Kombat, a Telegram-based mini-game that has skyrocketed over the past day. This rally has spurred optimism among traders and analysts, who are now eyeing further movements upward. 

After a period of strong bearish pressure, Hamster Kombat’s price has shown significant recovery. It now sees a bullish reversal on its daily chart. Currently trading at $0.004231, the token has surged by over 60% in the past 24 hours, depicting renewed investor interest and its potential for further growth.

Can HMSTR Reach $1?

Market observers suggest that if momentum holds, HMSTR could see an additional increase, with the ambitious goal of reaching $1 before month’s end.

This trend marks a notable shift in the market sentiment as the price bounced back significantly from its all-time low of $0.002257, that was recorded just six days ago. While it still remains around 60% below its all-time high of $0.010004, the current momentum reflects optimism for the coin. 

There was a surge in crypto prices today as Bitcoin maintained its $76K level and ETH surged above $3000. This reflects a bullish trend which causes surge in price in other top altcoins like HMSTR. 

Analyst Eyes 70% Surge Potential in HMSTR

Notably, Crypto Bull, a crypto analyst, has highlighted the potential for a 70% price increase for HMSTR. Earlier, he had noted that HMSTR printed a 38% rally on a descending channel breakout!

The analyst’s chart also highlighted areas of significant buying activity. If the trend continues, HMSTR could potentially test higher levels, rewarding early investors.

Hamster Kombat shows favorable momentum with recent gains and strong investor appeal. If it Breaks past $0.005, this could spark further growth. With continued momentum, a rise to $0.1 or even $1 may also be achievable. 

DWF Labs Withdraws 156M HMSTR

In another development, lookonchain data revealed that DWF Labs has withdrawn 156.44M HMSTR worth $654K from exchanges in the past hour. This aligned with a 60% surge in HMSTR’s price today.

Hamster Kombat Gears Up For Season 2

Hamster Kombat is also gearing up for its much anticipated season 2, bringing a fresh gameplay experience to its global community. Its first season saw over 240M players engaged with its Hamster-themed challenges. The developers have announced exciting new features to enhance player engagement even further. There will be new interactive mechanics like the ability for players to build their own gaming platforms, hire virtual employees and create viral in-game content, which will be a dynamic and immersive experience.